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‘Fix My Flip’: Page Turner Reveals a $6 Trick To Make Any House Look Luxe

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On “Fix My Flip,” Page Turner comes to the rescue of rookie house flippers who are struggling to finish their renovations and make a profit. In fact, her latest flippers have been stuck for nine months!

In “Solutions in Santa Clarita,” Turner meets Miguel, a licensed home inspector, and Gus, a licensed real estate agent, who have been floundering and unable to finish their flip. With carrying costs of $3,700 a month, they need to get this project done and on the market ASAP.

These flippers bought the home for $410,0000, and they’ve already spent $15,000 on it—mostly on demolition. They figure they can get the house in selling order with an additional $55,000 in renovations.

Although it seems like a steep climb, Turner thinks it’s doable, and that they might eventually be able to sell the house in the mid-$600,000s.

"Fix My Flip" home, 'before'
“Fix My Flip” home, before makeovers

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They agree to split the additional renovation costs ($27,500 each), and Turner will get 40% of the profit when it sells.

Here’s how Turner helps these flippers finish what they started, with plenty of smart tips that would work wonders on any home, maybe even your own. Take a look!

Don’t over-renovate for the area

Santa Clarita, CA, is about 30 miles northeast of downtown Los Angeles, and homes are quite a bit less expensive there.

“This area attracts first-time buyers and starter families,” explains Turner. “So going with an economical design is important to keep the purchase price down and within a buyer’s budget. That strategy keeps it within our budget as well.”

In fact, the rural area where the property lies is so far out, it’s not even connected to the city water system.

“We’re in a remote area with water tank plumbing, and this is a small starter house that doesn’t even have a garage. So for this flip, we are going bargain,” she says.

Luxurious finishes, a pool and spa, and more just won’t work out here. But luckily, Turner is a master of making bargain features look luxe.

Home sellers might not always be honest about their house

Wine tasting room
Wine tasting room

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The home seller played a little fast and loose with the facts when selling Gus and Miguel this house, claiming that the small, Quonset hut-type structure set into the backyard hillside is a bomb shelter.

“I’m no scientist, but I’m pretty sure you don’t place a bomb shelter above ground,” says Turner after touring the space. “Believe me, if a bomb is coming, that’s the last place that I’m going!

“It might just be a really spacious shed, especially because you don’t have a garage, so there’s not much storage space,” she says. Turner plans to make the best out of it.

She finds some curved barrel staves at a recycling facility, and she uses them to turn the space into a fun wine tasting room.

“They can always use it as a storage area if they want to,” she adds.

A bedroom without a closet is not a bedroom

Bedroom with obligatory closet
Bedroom with obligatory closet

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The seller also fudged on the layout, claiming the house had three bedrooms. But when Turner arrives to inspect it, she discovers that one of the bedrooms has no closet, so technically this is a two-bedroom house.

There’s an easy fix for this, of course. She readjusts the layout by building some walls, tearing down others, and adding a closet or two. She manages to fit three decent-sized bedrooms (with closets) into the home’s 1,600 square feet of space.

Not all cabinets can be painted

Kitchen with new shaker cabinets
Kitchen with new Shaker cabinets

The kitchen has been mostly demolished, but a few cheap, newish cabinets remain on the walls. Gus and Miguel are reluctant to go to the expense of buying new ones, thinking the current ones can be painted and retrofitted. But Turner disagrees, particularly after their painter warns that paint will not adhere correctly to the cabinets’ cheap particle-board type of wood.

“It really makes the best sense to get rid of them, especially after what your painter said,” Turner tells the flippers. Plus, “I know the simple Shaker cabinets I wanted are inexpensive and easy for us to install.”

The new cabinets cost only $4,000, which end up costing less than what it would have to fix and paint the old ones.

Paint colors should complement the surroundings

Looking at colors and finishes
Page Turner and Francesca Grace display colors and finishes that blend with the desert outside.

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It’s clear that these flippers don’t have much of a design plan, so Turner comes up with one.

“I’m thinking just a simple, modern desert look to match the environment,” she says. “This should blend well with the surroundings and be attractive to younger, trendy families.”

Turner and designer Francesca Grace show Gus colors and finishes that are rich but relatively neutral and that blend in with the desert outside. Ultimately, this is one of the features that local real estate agent Crystal Williams thinks will appeal most to buyers.

Subway tile is inexpensive but can be arranged to look luxe

Subway tile laid in a chevron pattern
Subway tile laid in a chevron pattern

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When Grace and Turner suggest subway tile for the kitchen and bathrooms, Gus is worried that it might not fit in their budget. Grace is quick to dispel his fears.

“Subway tile is a steal! It’s, like, $6 per foot,” she says.

She explains how laying it in a chevron pattern in the shower gives it an expensive waterfall look. Who would have thought you could class up the joint for a mere $6 per foot?

Does Page Turner help fix up this flip?

Once the flip is finished, real estate agent Williams believes they can sell this house in the mid-$600,000 range. And sure enough, they do.

They list it for $655,000 and receive a full-price offer. Their total profit is $175,000, and Turner’s cut is $70,000. Deduct the $27,500 she invested in the renovation, and that leaves her with a $42,500 profit. Not bad for a month’s work!

Refinished flip
Refinished flip

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The post ‘Fix My Flip’: Page Turner Reveals a $6 Trick To Make Any House Look Luxe appeared first on Real Estate News & Insights | realtor.com®.

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